March 12,2010 | Last update 4 hours ago


Most Recent Additions



Commentary

New Banks: Will RBI Relent?


The RBI has barely suppressed its dismay over the finance minister’s announcement that the apex bank is considering Read more...

RSS Feeds
Subscribe for Updates
Register Now!
Login
For Advanced Access
Newsletters
Free Daily Updates
Kensource Stockletters
Subscribe Now!



What's HOT?
Knowledge Series Books
Pathbreaker Series
Gift Subscription


Shopping
Moneylife Events

Sanjay Nirupam, Member of Parliament, inaugurating the Moneylife Knowledge Centre on 6 February 2010.

Moneylife, in association with Reliance Mutual Fund, organised the Big Ideas Essay Contest on “Taking Financial Markets to the Masses,” on 5 December 2009.

Moneylife Foundation organised an open discussion on "Budget and You" on 27 February 2010. The participants were presented with a detailed analysis of the implications of the Budget proposals.
About Moneylife
Contact Us


Inside Investing
Moneylife Digital Exclusives

Moneylife Digital Team
Retail investors return to the IPO game

The recipe that’s working: strong fundamentals, attractive pricing and recent listing gains

Debashis Basu
Fund prospectuses: Too much legalese, too little substance

Stripped off their legalese, prospectuses of mutual funds are prone to misrepresentations and inadequate disclosures. As a result, the investing community continues to be short-changed. A two-part analysis

Moneylife Digital Team
New AMFI chief blames distributors for mis-selling, ignores role of AMCs

Industry body AMFI acknowledges rampant mis-selling of MF products; puts blame on distributors, ignoring the fact that poorly-performing products of AMCs, aggressively sold with all kinds of incentives, are really the cause of mis-selling

Moneylife Digital Team
Will Birla MF’s Capital Protection Fund leave a hole in its capital?

The company had to extend the NFO closure in order to meet its target. But will the Birla AMC incur a loss while running this fund?

Debashis Basu and Sanket Dhanorkar
Motilal Oswal’s fund offer asks investors to take a blind bet

The draft document of offer for the new ETF by Motilal Oswal AMC uses a proprietary index. But it does not explain the weightage assigned to the stocks underlying the index or how the index would have performed in the past

Amritha Pillay
Osian Art Fund organises auction to redeem fund

The art house plans an auction this month, proceeds of which would be used to redeem the art fund. However, Osian officials claim that a major chunk of the redemption amount would be paid before the auction

Moneylife Digital Team
Equity MF net inflows up 54% in February

After a continuous drain of Rs7,315 crore over the past five months, equity schemes are back in the limelight

Sanket Dhanorkar and Ravi Samalad
Low MF assets speak volumes on investor apathy

Despite a booming economy and vibrant equity markets, equity assets under management at many mutual fund houses remain abysmally low

Moneylife Digital Team
Know your bank as well, says Kishori J Udeshi of BCSBI, in Moneylife Event on International Women's Day

While banks have ‘know your customer’ norms, it is also essential for customers to ‘know your bank’, says the former deputy governor of the RBI.

Ravi Samalad
DQE’s growth may bank on its IP content

DQE has shifted its business model from a largely outsourced model to a co-production model and its future growth may depend on continued rollout of IP content in which the company has little experience



Inside Investing
Recent ML Digital Exclusives
Pratibha Kamath and Sanket Dhanorkar
Wealth Creators 1999-2009
The after-effects of the massive boom in engineering, real estate and raw materials of 2003-07 and, of course, massive speculation, continue to be reflected in the wealth-creators’ list. Pratibha Kamath and Sanket Dhanorkar pick the toppers
Debashis Basu
SEBI slams AMFI for ignoring directive on trail commission
The market regulator has again put its foot down on mutual funds’ trail commission issue. Will AMFI comply this time?
Swapnil Suvarna & Ravi Samalad
Tata Motors DVR shares trade at 40% discount, analysts foxed
Tata Motors DVR shares are trading at a discount of 40%. If this is a case of market imperfection, it is a huge arbitrage opportunity waiting to be exploited
Swapnil Suvarna and Pratibha Kamath
Market looks constrained by high valuations
Athough the Sensex is a good way off from its all-time high of 21,000-plus, the index’s current P/E valuation is close to its high of January 2008, which means further gains may be fuelled solely by the liquidity factor
Debashis Basu
AMFI asks for a new vote on trail commission issue by email
After our story yesterday pointing out how its old vote by hand remains unimplemented for five months, the fund lobby has asked for a new vote
Pratibha Kamath and Subrato Das
Rising promoter stake lead to better results, higher stocks
Where promoters have increased their stake, the growth has been excellent leading to higher share price
Amritha Pillay
How SEBI failed to regulate the Osian Art Fund
SEBI failed to regulate the Osian Art Fund under its regulations covering Collective Investment Schemes, despite its own advisory against unregulated art funds in 2008
Sucheta Dalal
SEBI board cannot quash order against NSDL: ex-CJI
Justice JS Verma says such quasi-judicial orders can only be reviewed and quashed “by a judicial forum with requisite jurisdiction, at the instance of a petitioner with standing to seek relief.”
Osian Art Fund investors get part payment
The long wait for some Osian Art Fund investors seems to have finally ended. However, investors have received only part payment of the redemption amount, while they continue to be anxious about the net asset value
ABN AMRO customers upset over their Osian Fund investment
The Bank, which collected Rs30 crore from investors, is believed to have charged an entry load of Rs25,000 for every Rs10 lakh invested
Mutual fund-broker route may drive up investor costs
Cost to investor under the new proposed route could reach up to eight times the expenses under current model
Shady IPO deals continue unabated
The promoter-merchant banker racket ensures IPOs get subscribed fully; huge discount demanded to aid subscription impacts post-listing performance
Promoters tank up on preferential allotments in Sistema Shyam
Recently, the Department of Telecom (DoT) gave its nod to the Russian government bid to pick up a 20% stake in the service provider for an estimated Rs3,200 crore. Promoters of Sistema Shyam Teleservices, a mobile service provider, are looking to
Online MF trading bane for distributors
Allowing trading in mutual funds through exchanges will benefit brokers as they can charge commissions from both buyers and sellers; but it may put small distributors out of business
Osian Art Fund delays payout
After disappointingly low returns, unit holders have suffered a delay in getting their money back from the fancied Osian Art Fund. The fund will now pay investors in November
Osian Art Fund disappoints investors with just 5% returns
The art fund promised great returns in 2006 when the art market was hot, but has disappointed investors on exit
The Indian pharmaceutical saga: Strong on generics, weak in R&D
Despite an investment of $3 billion in R&D, the Indian pharmaceutical industry has been unable to come out with a single new drug
GIPL expects to double turnover in FY11
Moneylife speaks to Parvez Umrigar, managing director of Gammon Infrastructure Projects which has a committed investment of Rs100 billion over the next few years
Many stocks still down 70-80% below their peak despite huge market rally
The Sensex is yet to climb the peak of 21,000 and yet several stocks are trading significantly higher than previous highs. Some, on the other hand, are still down miserably
A few companies refuse to divulge employee remuneration details
The Companies Act, 1956, requires companies to disclose remuneration details of employees earning more than a stipulated amount. Some companies are instead taking the easy way out, falling back on technicalities in the said Act to withhold such
Southern cement units may suffer due to over-capacity and low demand
With major capacity additions and low expected demand for 2010 and 2011, key cement players in southern India are expected to be affected adversely
From Rajlakshmi to Kanya Suraksha: UTI learns its lessons
UTI Mutual Fund has a new scheme for the girl child - the Kanya Suraksha yojana scheme. But it has learnt from the Rajlakshmi scheme disaster and joined hands with the Bihar government this time
Chain marketing for Insurance
MLM companies have been selling insurance products although the activity is a clear violation of the IRDA Act
PMS in troubled waters
Fund houses shut PMS business after incurring heavy losses due to the market crash last year


Inside Investing
Face to Face



Motilal Oswal’s fund offer asks investors to take a
The draft document of offer for the new ETF by Motilal Oswal AMC uses a proprietary index. But it does not explain the weightage assigned to the stocks underlying the index or how
‘People are afraid of speaking against teachers,
The former deputy governor of the RBI says that if a bank offers you a higher rate of interest than its peers, you should be a little careful
Osian Art Fund organises auction to redeem fund
The art house plans an auction this month, proceeds of which would be used to redeem the art fund. However, Osian officials claim that a major chunk of the redemption amount would
Equity MF net inflows up 54% in February
After a continuous drain of Rs7,315 crore over the past five months, equity schemes are back in the limelight
Big winners & losers after the Budget
Several stocks are riding high on the back of friendly proposals in the recent Budget; others have taken a beating and are sliding down

> Promotional Material
Inside
Moneylife magazine

Latest Moneylife issue cover
With hot regulars sections every issue -
Money Briefs, Money Feature, Fund Manger's Interview, Stocks, Mutual Fund, Spending, Insurance, Borrowing, Fixed Income & many more!

Subscribe to Moneylife Magazine now!


Moneylife Shop

Pathbreakers
Pages - 223

List Price - Rs.1200
Our Price: - Rs.1000
Plain Truth about Stock Investing
Pages - 96

List Price - Rs.125
Our Price: - Rs.100
Plain Truths about Mutual Funds
Pages - 104

List Price - Rs.125
Our Price: - Rs.100
Plain Truths about Investments
Pages - 115

List Price - Rs.125
Our Price: - Rs.100
Plenty more interesting articles in the ML Store inside, Gift it to someone else or yourself!

Go to Moneylife Shop
Moneylife
Navigator

Go Top | Subscribe Moneylife | Send a Gift Subscription | Visit Moneylife Store | Offers & Promotions | Moneylife Newsletter | Useful Resources

Newsviewer | Commentary | Markets | Companies & Sectors | Investing | Personal Finance | Small Business | Life

Moneylife Home | Moneylife Magazine | Moneylife Shop | Corporate Moneylife | Contact Us



© 2009-10. All rights reserved by Moneywise Media and it's subsidiaries.

No contents of Moneylife.in website or Moneylife Magazine shall be reproduced without prior permissions from the authors of
Moneylife.in website and/or publisher of Moneylife Magazine.

You are bound by Terms and Conditions for using this website any further this point.
We maintain standard guidelines of User Privacy and may not disclose private user information to third parties.

Write to Moneylife webmaster for all the questions, reports and complaints pertaining to this website.